Overdraft News

The latest news on overdraft fees, overdraft fees and other bank fees from the Center for Responsible Lending.

As Fewer Consumers Overdraw, Fees RiseBoston Globe07 Jan 2015U.S. consumers are taking better care not to spend more than what is available in their checking accounts, but financial service providers have responded by jacking up the fees to cover overdrafts ...

Payments Puzzle Persists at BanksWall Street Journal29 Jul 2014Hundreds of small and regional banks continue to process checking-account transactions in order from the highest amount to the lowest, a policy that can trigger multiple overdraft fees in the same ...

Overdraft Fees at Banks Hit High, Despite CurbsWall Street Journal02 Apr 2014The estimated median overdraft fee reached a record $30 last year -- up from $29 in 2012 and $26 in 2009, according to a Moebs Services poll of 2,890 banks and credit unions.

Hefty Bank Fees Waylay SoldiersWall Street Journal16 Jan 2014Although soldiers and civilians alike struggle with bank overdraft fees, some banks that market to the military are top collectors of these fees in the United States.

Protections for Checking Customers Vary Widely Among States: PewAmerican Banker13 Nov 2013Consumers in the Northeast and Southwest United States are more likely to receive consumer-friendly services with their checking accounts compared to residents in the Midwest and some Western states, a new analysis from Pew Charitable Trusts suggests.